XML 79 R56.htm IDEA: XBRL DOCUMENT v3.25.0.1
Lessee - Leases Narrative (Details)
$ in Thousands
 9 Months Ended 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
May 01, 2024
USD ($)
ft²
Mar. 28, 2024
USD ($)
ft²
Lessee, Lease, Description [Line Items]            
Operating Lease, Payments   $ 202 $ 121 $ (125)    
Operating Lease, Right-of-Use Asset [1] $ 334,767 334,767 324,298      
Operating lease costs [2]   14,583 14,451 12,700    
Interest on lease liabilities [3]   13,374 13,747 3,236    
Lease liabilities - finance leases 370,885 370,885 417,961      
Finance Lease, Right-of-Use Asset 372,922 372,922 401,680      
Interest expense   (645,117) $ (579,572) $ (437,139)    
171 Dartmouth Street air rights [Member]            
Lessee, Lease, Description [Line Items]            
Lessee, Operating Lease, Term of Contract           90 years
Lessee, Operating Lease, Discount Rate           6.57%
Net Present Value and Operating Lease Liability           $ 23,200
Operating Lease, Right-of-Use Asset           $ 23,900
Operating lease costs $ 300          
Land Subject to Ground Leases | ft²           61,000
171 Dartmouth Street air rights [Member] | Base Rental Payment [Member]            
Lessee, Lease, Description [Line Items]            
Operating Leases, Future Minimum Payments Due           $ 250
171 Dartmouth Street air rights [Member] | Additional Rental Payment            
Lessee, Lease, Description [Line Items]            
Operating Leases, Future Minimum Payments Due           $ 500
The Skylyne            
Lessee, Lease, Description [Line Items]            
Lessee, Finance Lease, Remaining Lease Term         92 years  
Purchase Options, Land         $ 38,700  
Lease liabilities - finance leases         100  
Finance Lease, Right-of-Use Asset         $ 0  
Interest expense   $ 9,500        
The Skylyne | Residential Building            
Lessee, Lease, Description [Line Items]            
Net Rentable Area (in sf) | ft²         331,000  
Number of Units in Real Estate Property         402  
[1] See Note 4.
[2] One of the operating leases relates to an asset that was in predevelopment for the year ended December 31, 2024 and a portion of the year ended December 31, 2023. As such, the operating lease costs were capitalized. For the year 2022, there were no operating leases related to assets under development.
[3] One of the finance leases relates to an asset under development for all or a portion of the years ended December 31, 2023 and December 31, 2022. As such, a portion of the interest amount was capitalized. For the year ended December 31, 2024, there were no finance leases related to assets under development.